19-3-2133. Creation of employee investment advisory council. The board shall, by August 1, 1999, appoint an employee investment advisory council. The advisory council shall meet at least quarterly to:
     (1) advise the board concerning the establishment and operation of the defined contribution plan, including the selection of the initial investment alternatives to be provided pursuant to 19-3-2122;
     (2) advise the board about negotiating, contracting, or modifying services for the state deferred compensation plan provided for in chapter 50; and
     (3) review existing deferred compensation plans and to advise the board on the administration of the program.

     History: En. Sec. 62, Ch. 471, L. 1999.